21 Aug 2025

Navigating the New U.S. / EU Trade Framework: Key Changes for Importers and Exporters

In a significant development for transatlantic commerce, the United States and the European Union have announced a new Framework on an Agreement on Reciprocal, Fair, and Balanced Trade. This agreement marks a pivotal first step towards reducing trade barriers, enhancing market access, and strengthening the economic relationship between two of the world’s largest markets. For […]

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18 Aug 2025

Airfreight Volumes Shift: US-Bound Shipments Bounce Back as European Routes Weaken

New data from WorldACD suggests that airfreight volumes between the Asia Pacific and the US are showing signs of life, while those headed to Europe have declined. This could be an early indicator of a market rebalancing as the US finalizes new tariffs. For the week ending August 10, chargeable weight from China to the […]

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13 Aug 2025

HMM Warns of Turbulence Ahead as Tariff Uncertainty Hits Global Shipping

South Korean carrier HMM cautioned Wednesday that global container shipping faces heightened volatility as tariff grace periods expire and trade negotiations continue. “The expiry of tariff grace periods and ongoing renegotiations are expected to increase market volatility, with regional demand shifts likely to sustain supply chain congestion,” HMM said in its first-half earnings commentary. The […]

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01 Aug 2025

Reciprocal Tariff Order 2025: U.S. Expands Trade Duties on Dozens of Countries

On July 31, 2025, President Trump signed a new Executive Order titled “Further Modifying the Reciprocal Tariff Rates”, which increases and restructures U.S. tariffs on imports from a wide range of foreign countries. This action builds on Executive Order 14257, first issued in April 2025, which declared a national emergency due to persistent U.S. trade […]

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